Reports have also emerged suggesting the DoJ was keen to settle with Deutsche Bank, alongside Credit Suisse and Barclays, on the issue before the US presidential elections in November, but the DoJ has declined to comment on the issue.

Investors are proving again today that they are still nervous to know the final outcome of the saga, as the New York listed shares have dipped 3.7 per cent to $12.61 at time of writing.

Shareholders with a closer eye on the Frankfurt market have had a welcome break today, as the markets are closed for Unity Day. Shares closed up 6.4 per cent up at €11.57 on Friday, as the news of the potentially lowered fine helped to boost confidence, but they did at one point dip below the symbolic €10 mark.